Diamondback Energy price target raised to $66 from $59 at Brean Capital Brean Capital raised its price target for Diamondback Energy shares to $66 to reflect additional value for Spraberry. The firm believes Diamondback has several catalysts that could drive shares higher in the next few weeks and it keeps a Buy rating on the name.
Diamondback, Viper sell-offs 'significantly overdone,' says Wunderlich Wunderlich believes the recent sell-offs in shares of Diamondback Energy (FANG) and Viper Energy (VNOM) are "significantly overdone." The firm thinks recent news from Viper suggests that Diamondback's work in the Permian is continuing to provide strong growth in production and cash flow. It keeps a Buy rating on Diamondback with a $110 price target.